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ChainLink / TetherUS
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End of the road for LINK on LTF?

749
Both Bullish and Bearish harmonic patterns indicate a drop on LTF. It has a been a fantastic Bull phase for LINK. Not in the long trade for now. Just watching price action on the sidelines doing some observations on chart patterns and harmonics.
Note
Based on fib ext. 0.618 could be the ceiling resistance for this move. open above that 0.618 will invalidate the pattern.

snapshot
Note
Target Levels also act as Support, but as each level fails on a candle close beyond TP2, they open larger zones for gains. Careful holding LINK until last high is breached on candle close.

snapshot
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Chart PatternsharmonicmovesHarmonic PatternsTrend Analysis

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Chart PatternsharmonicmovesHarmonic PatternsTrend Analysis
TradeChartist
Get in touch with me if you would like access to my Premium scripts for a trial before deciding on lifetime access.

Telegram - @Trade_Chartist

Free Scripts - bit.ly/Free-Scripts
Aussi sur:

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.